Advertisement
|19 February, 2019

Nasdaq Dubai and Menacorp announce collaboration to raise capital markets investor awareness across MENA

Campaign will increase synergies between UAE and regional financial markets.

Nasdaq Dubai and Menacorp announce collaboration to raise capital markets investor awareness across MENA
  • Investor roadshows and other outreach will primarily focus on equity futures
  • Campaign will increase synergies between UAE and regional financial markets.

Dubai: Nasdaq Dubai, the region’s international exchange, and Menacorp, one of the UAE’s leading brokerages, have announced they will collaborate to raise investor awareness across MENA of the expanding capital markets opportunities in the UAE and the region.

The campaign will include joint roadshows conducted by Nasdaq Dubai and Menacorp in GCC and other MENA countries as well as digital outreach to a wide range of institutions and individuals. Topics will include a particular focus on equity futures and include other asset classes such as equities, Sukuk, and conventional bonds.

Hamed Ali, Chief Executive of Nasdaq Dubai, said: “Our joint mission with Menacorp will publicise the expanding opportunities that are available in the UAE capital markets and beyond, both to investors that are already active and new potential investors including funds and individuals who have not yet participated. The UAE markets offer many attractive possibilities for increasing and preserving wealth that are available to investors based in MENA region countries and elsewhere.”

Advertisement

Fathi Ben Grira, Chief Executive of Menacorp said: “Our outreach will explain the various routes through which investors outside the UAE can gain easy access to trade the UAE markets, and how the products available here can be incorporated into various trading strategies. The UAE plays a leading role in the region in terms of the quality and diversity of its asset classes plus the trading infrastructure and regulation that underpin them.”

As well as equity markets that include some of the Middle East’s largest and most dynamic companies, investment opportunities in the UAE include Nasdaq Dubai’s rapidly growing equity futures market on UAE and Saudi shares, which enables investors to hedge their existing positions as well as make gains. The UAE is also a leader in Sukuk and conventional bond issuance and listing, including being the largest venue in the world for Sukuk listings by value.

The collaboration between Nasdaq Dubai and Menacorp will complement the activities of capital markets institutions and participants in other MENA countries and increase synergies across the region.

-Ends-

About Menacorp

Menacorp is an award-winning financial services firm authorized and regulated by the UAE’s Securities and Commodities Authority and the Dubai Financial Services Authority. Its extensive expertise covers financial advisory, brokerage, asset management and financial research provided across the Middle East and North Africa (MENA) region. Menacorp is backed by one of the largest and most diversified Emirati conglomerates, the Bin Hamoodah Group – the company’s main shareholder.

About Nasdaq Dubai

Nasdaq Dubai is the international financial exchange serving the region between Western Europe and East Asia. It welcomes regional as well as global issuers that seek regional and international investment. The exchange currently lists shares, derivatives, Sukuk (Islamic bonds), conventional bonds and Real Estate Investment Trusts (REITS).

The majority shareholder of Nasdaq Dubai is Dubai Financial Market with a two-thirds stake. Borse Dubai owns one third of the shares. The regulator of Nasdaq Dubai is the Dubai Financial Services Authority (DFSA). Nasdaq Dubai is located in the Dubai International Financial Centre (DIFC).

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases